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Buying BioMarin Pharmaceutical (BMRN)? Here's What You Must Know.

Shares of BioMarin Pharmaceutical have moved -2.4% today, and are now trading at a price of $52.01. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,630,131 compared to the stock's average volume of 2,689,974.

BioMarin Pharmaceutical Inc., a biotechnology company, engages in the development and commercialization of therapies for life-threatening rare diseases and medical conditions in the United States, Europe, Latin America, the Middle East, the Asia Pacific, and internationally. Based in San Rafael, United States the company has 3,040 full time employees and a market cap of $9,991,866,368.

The company is now trading -41.22% away from its average analyst target price of $88.48 per share. The 25 analysts following the stock have set target prices ranging from $55.0 to $122.0, and on average give BioMarin Pharmaceutical a rating of buy.

Over the last 12 months BMRN shares have declined by -19.1%, which represents a difference of -32.8% when compared to the S&P 500. The stock's 52 week high is $73.51 per share and its 52 week low is $50.76. Based on BioMarin Pharmaceutical's average net margin growth of 58.7% over the last 6 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2024 2,853,915 426,859 15 114.29
2023 2,419,226 167,645 7 0.0
2022 2,096,039 141,561 7 333.33
2021 1,846,275 -64,080 -3 -106.52
2020 1,860,455 854,029 46 4700.0
2019 1,704,048 -23,848 -1
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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